To take a Long Entry * Price above the 200 EMA * PSAR long entry signal * Both MACD and signal line below 0 * MACD crossover
To take a Short Entry * Price below the 200 EMA * PSAR short entry signal * Both MACD and signal line above 0 * MACD crossunder
WARNING: - For purpose educate only - My mission is to debunk fake strategies with code to find THE ONE. - Plots EMAs and other values on chart. - This script to change bars colors.
@daviddtech I really liked your idea to code the strategies that are popular on youtube. I tried a couple of your strategies, and they are amazing. One thing I would like to bring to your attention is: some of your strategies repaint.
I spend some time to replay the strategies, and found out:
- Ultimate Scalper: it repaints no matter what configuration it is.
- PSAR + MACD + 200 EMA, this strategy, if you active "Use MTF EMA cross", it repaints.
Hopefully you would find time to address the repaint issues, so the strategy can be actually useful as you intended to.
And May I offer a idea to PSAR + MACD + 200 EMA strategy? Can we borrow the idea of "Max Trades Per Cross" from the Ultimate Scalper strategy, its really a good filter to filter out the trades which happens at the end of a trend.
Again, thanks for your work, really liked your ideas.
Type of exit: Enter New Trade If NO Running Trades
StopLoss: Fib Bands
TakeProfit: 7
Enable: VWAP
If you want to automate the Strategy I would say that the best option is to use isolated margin in futures and to put in each one the same amount so you can have a diversified portfolio with different trading strategies optimized for each crypto...
Will be adding more tomorrow most likely...
MNLegit
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little curious... if its for education purposes only why is it locked? this has a lot of potential and no doubt a convoluted script that can be simplified quickly. If you add trend line indications with a check command you will reduce a majority false signals around the EMA on lower timeframes during consolidation or reversal periods (Backtested on BTC 1M 80%P). Just sayin... that seems to be where you see most of your false signals. I guess i'll just reverse engineer this one, good start bud. (with a such a low P rate you shouldn't be charging people or saying "for purpose educate only" as it is locked and therefore nothing to actually learn IMO :) I would send many cheers if it were open, good work and good luck with your endeavors!
MNLegit
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@MNLegit, forgot to mention... if you add a command to indicate a signal only after a divergence has crossed the 0 line you will increase your P rate by around 10%...
dimapeny
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Super
eujincheah
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@daviddtech , superb indicator. Can i check, or if anyone can help, how do i set the alert? I have tried all the function and order fill types but the alert does not trigger. Appreciate the help. Thanks!
MONEYMAKEREVO
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Thanks for the strategy . I have a problem about alert part in settings. API Entry Long and API Entry Short show the alert message these are ok but API Exit Long and API Exit Short DONT show the alert messages ( nothing seen ) because of this alert cannot run for the exit signals. Can you fix it please.
fuddlsandor
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use it on 1h heikin ashi ! give much better results ! and PSAR 0.005 both ! but MACD not need on this setup ! someone can code it ? :D
nickmccue94
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@fuddlsandor, Thanks for the info man. Put heikin ashi on and it increased the profit rate on every time frame for crypto. Gl with it buddy... If your doing good with it let me know! ✌👍
I spend some time to replay the strategies, and found out:
- Ultimate Scalper: it repaints no matter what configuration it is.
- PSAR + MACD + 200 EMA, this strategy, if you active "Use MTF EMA cross", it repaints.
Hopefully you would find time to address the repaint issues, so the strategy can be actually useful as you intended to.
And May I offer a idea to PSAR + MACD + 200 EMA strategy? Can we borrow the idea of "Max Trades Per Cross" from the Ultimate Scalper strategy, its really a good filter to filter out the trades which happens at the end of a trend.
Again, thanks for your work, really liked your ideas.